In 1962, actors were having difficulty getting credit. In fact, one AEA member, when denied credit at a local department store, was told that he was being denied because he was an actor. This very member proceeded to raise the issue at an AEA meeting. When asked if anyone would care to take up the challenge of starting a credit union for those of us in the acting profession, one member raised his hand: Conrad Bain.
Bain, along with six others—Anthony Saverino, Robin Craven, Herb Nelson, Theodore Bikel, Angus Duncan, and Bill Ross—incorporated Actors Federal Credit Union in 1962 with help from Leo Schwarz, Field Representative of the New York League of Credit Unions.
Board of Directors
Denise Nolin, Chairperson
William Gilinsky, Vice-Chairman
Paul Cole, Secretary/Treasurer
Sandra M. Bloom, Chair
Board Presidents and Chairpersons
Conrad Bain: 1962 – 1963, 1966 – 1975
Herbert Nelson: 1963 – 1966
Alvin Lum: 1975 – 1980
Gil Rogers: 1980 – 1983
Jeff Rodman: 1983 – 1999
Denise Nolin: 1999 – Present